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Dependency theory posits that underdevelopment in certain countries is perpetuated by the unequal power dynamics between core and peripheral nations in the global economy. Peripheral countries rely on core countries for investment, technology, and markets, leading to their dependency and inability to develop independently. This results in a cycle of exploitation, limited economic growth, and social inequality, which perpetuates underdevelopment in these nations.

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Q: How dependency theory explains underdevelopment?
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What is Andre Gunder Frank's Theory of Underdevelopment?

Andre Gunder Frank's theory of underdevelopment suggests that underdevelopment in certain regions is a result of the historical and structural processes of colonialism and dependency on developed countries. He argues that the global economic system perpetuates unequal power relations that prevent less developed countries from achieving true development.


What are the different between modernization theory and dependency theory?

Modernization theory focuses on how underdeveloped countries can develop and advance by adopting Western practices and technology. On the other hand, dependency theory argues that underdeveloped countries are exploited by more powerful nations, leading to their underdevelopment. Dependency theory emphasizes the negative impact of global economic structures on developing countries, while modernization theory focuses on internal factors for development.


What is neo-colonial dependency theory?

Neo-colonial dependency theory suggests that former colonial powers maintain economic, political, and cultural control over former colonies through indirect means, such as economic policies and trade relations. It argues that this continued dependency perpetuates underdevelopment in the formerly colonized countries.


What are the characteristics of dependency theory?

Dependency theory suggests that global inequality is largely due to the exploitation of developing countries by developed countries. It emphasizes the role of historical colonialism and neocolonial practices in perpetuating underdevelopment. Dependency theorists argue that developing countries are structurally dependent on developed countries for resources, technology, and markets, leading to unequal power relations.


What are the disadvantages of dependency theory?

Some of the disadvantages of dependency theory include oversimplification of complex economic relationships, neglect of internal factors contributing to underdevelopment, and criticism for offering limited solutions to address global inequality and poverty. Additionally, it has been criticized for its focus on historical colonial relationships at the expense of other critical factors influencing development.

Related questions

What are the main arguments of the dependency theory its causes and solutions of underdevelopment in third world countries?

Dependency theory argues that underdevelopment in third world countries is a result of the unequal economic relations between developed and underdeveloped nations, with the latter being dependent on the former. This dependency is perpetuated by factors such as neocolonialism, exploitation of resources, and unequal trade relationships. Solutions proposed by dependency theory include promoting self-sufficiency, reducing reliance on foreign investment, and fostering economic policies that prioritize domestic development.


Discuss the main tenets of the dependency theory and analyze its analytical relevancy to developing countries?

Dependency theory asserts that developing countries are exploited and kept in a state of underdevelopment by the dominant developed economies through unequal trade relationships and economic dependence. It highlights the role of historical colonialism and neo-colonial practices in perpetuating this dependence. Dependency theory remains relevant in analyzing the challenges faced by developing countries in achieving economic independence and sustainable development in the globalized world economy.


What is the Modernization theory and the dependency theory?

The modernization theory puts the most emphasis on economic development social and cultural change, and political stability. The theory believes that certain steps can bring success to every country and that the policies and ways of western countries is best. An important difference with the dependency theory is that western countries force their rules and policies on developing countries. The dependency theory was developed to criticize the modernization theory.


What explains why or how something happens?

it is a Theory! :)


what theory explains fear?

heliocentric theory, the theory of evolution, relativity theory


What do critics of dependency theory claim?

critics of dependency theory says that any nation that has stopped imports items to its country has lessen the competition and to improve work for better services which is rendered to customers.


What is the theory that explains how the continents move called?

The theory is Tectonics.


Which theory of light best explains the interference of light?

It is the wave theory of light that best explains interference. The particle theory has problems when applied to this observable phenomenon.


What has the author Vicky Randall written?

Vicky Randall has written: 'Bishops and Bailiwicks' 'Political change and underdevelopment' -- subject(s): Politics and government, Dependency, Political development 'The Politics of Child Daycare in Britain'


Does dependency theory run in families genetics?

"The theory of dependency running in family genetics is an ongoing study. There is strong evidence that there is a genetic component to many dependencies therefore I would say that yes, it does run in family genetics."


What unites and explains a range of observation?

A theory unites and explains a range of observations.


Which theory best explains after image phenomenon?

opponent-process theory